Is Rashi Peripheral overvalued or undervalued?

As of 10 November 2025, Rashi Peripheral's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 10.66, a price to book value of 0.12, and an EV to EBITDA ratio of 35.11. These ratios suggest that the stock is trading at a discount compared to its earnings and book value.
In comparison to its peers, Rashi Peripheral's PE ratio is notably lower than that of Elitecon International, which is deemed very expensive at a PE of 359.8, and MMTC, which has a PE of 139.4 and is classified as risky. Additionally, Rashi's PEG ratio of 0.21 further supports the undervaluation narrative, especially when compared to PTC India, which has a PEG of 0.28 and is also considered very attractive. Despite recent underperformance against the Sensex, with a year-to-date return of -17.9% compared to the Sensex's 6.91%, the fundamental metrics suggest that Rashi Peripheral presents a compelling investment opportunity.